Leeboy GROUP Secures $6 Million Bridge Loan From Crowdfunz For Mixed-use Property In Brooklyn
1222 63rd Street
$6,000,000
$261/SF
Building Size
22,970 SF
Asset Type
Mixed-use
Closing
Nov 18, 2025
About this deal
AI
The property asset is a mixed-use building located at 1222 63rd Street in the Brooklyn market. The building encompasses a total area of 22,970 square feet and is involved in a loan transaction amounting to $6,000,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $6,000,000
- Lender: Crowdfunz
- Borrower: Leeboy GROUP
- Attorney: Jing an - Altman & An LLP
- Loan Type: Bridge
- Loan Terms: 1 Year
The loan is secured by the property and was facilitated through the involvement of Crowdfunz as the lender. Leeboy GROUP, as the borrower, is utilizing this bridge loan for a duration of one year, with legal representation provided by Jing an from Altman & An LLP.
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Browse Brooklyn mixed use loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93